Bank Albilad

SASE:1140 Stock Report

Market Cap: ر.س45.5b

Bank Albilad Valuation

Is 1140 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1140 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1140 (SAR36.85) is trading above our estimate of fair value (SAR3.26)

Significantly Below Fair Value: 1140 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1140?

Key metric: As 1140 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1140. This is calculated by dividing 1140's market cap by their current earnings.
What is 1140's PE Ratio?
PE Ratio17.6x
Earningsر.س2.62b
Market Capر.س45.50b

Price to Earnings Ratio vs Peers

How does 1140's PE Ratio compare to its peers?

The above table shows the PE ratio for 1140 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.1x
1050 Banque Saudi Fransi
9.8x9.9%ر.س39.3b
1080 Arab National Bank
8.6x3.9%ر.س40.0b
1060 Saudi Awwal Bank
8.7x7.0%ر.س66.2b
1150 Alinma Bank
13.3x11.0%ر.س70.5b
1140 Bank Albilad
17.6x12.3%ر.س46.1b

Price-To-Earnings vs Peers: 1140 is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (10.1x).

Price to Earnings Ratio vs Industry

How does 1140's PE Ratio compare vs other companies in the Asian Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1140 17.6xIndustry Avg. 8.7xNo. of Companies84PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1140 is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the Asian Banks industry average (8.7x).

Price to Earnings Ratio vs Fair Ratio

What is 1140's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1140 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.6x
Fair PE Ratio11.9x

Price-To-Earnings vs Fair Ratio: 1140 is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the estimated Fair Price-To-Earnings Ratio (11.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1140 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.س36.85
ر.س36.68
-0.5%
18.0%ر.س43.20ر.س27.00n/a6
Dec ’25ر.س35.30
ر.س36.68
+3.9%
18.0%ر.س43.20ر.س27.00n/a6
Nov ’25ر.س36.80
ر.س37.38
+1.6%
15.2%ر.س43.20ر.س28.60n/a6
Oct ’25ر.س39.10
ر.س35.58
-9.0%
13.9%ر.س43.20ر.س28.60n/a6
Sep ’25ر.س38.50
ر.س33.75
-12.3%
11.5%ر.س39.70ر.س27.58n/a6
Aug ’25ر.س36.50
ر.س33.74
-7.6%
11.4%ر.س39.68ر.س27.58n/a6
Jul ’25ر.س32.30
ر.س33.75
+4.5%
11.4%ر.س39.68ر.س27.60n/a6
Jun ’25ر.س32.45
ر.س33.85
+4.3%
10.9%ر.س39.68ر.س28.24n/a6
May ’25ر.س35.30
ر.س34.05
-3.5%
10.9%ر.س39.68ر.س28.24n/a6
Apr ’25ر.س38.20
ر.س33.52
-12.3%
10.5%ر.س39.68ر.س28.24n/a6
Mar ’25ر.س39.52
ر.س33.05
-16.4%
11.3%ر.س39.68ر.س28.08n/a6
Feb ’25ر.س36.20
ر.س33.05
-8.7%
11.3%ر.س39.68ر.س28.08n/a6
Jan ’25ر.س36.32
ر.س31.73
-12.6%
7.9%ر.س34.40ر.س28.08n/a5
Dec ’24ر.س30.60
ر.س31.41
+2.6%
7.5%ر.س34.40ر.س28.08ر.س35.305
Nov ’24ر.س30.04
ر.س31.41
+4.6%
7.5%ر.س34.40ر.س28.08ر.س36.805
Oct ’24ر.س33.80
ر.س31.28
-7.5%
8.4%ر.س34.40ر.س27.92ر.س39.104
Sep ’24ر.س34.32
ر.س31.28
-8.9%
8.4%ر.س34.40ر.س27.92ر.س38.504
Aug ’24ر.س35.40
ر.س30.70
-13.3%
8.7%ر.س34.40ر.س28.11ر.س36.503
Jul ’24n/a
ر.س31.69
0%
9.1%ر.س34.64ر.س28.11ر.س32.304
Jun ’24ر.س29.72
ر.س31.68
+6.6%
9.1%ر.س34.64ر.س28.08ر.س32.454
May ’24ر.س33.52
ر.س33.65
+0.4%
12.8%ر.س39.92ر.س28.08ر.س35.305
Apr ’24ر.س31.84
ر.س35.30
+10.9%
11.7%ر.س40.00ر.س29.60ر.س38.205
Mar ’24ر.س29.08
ر.س36.03
+23.9%
10.7%ر.س40.00ر.س29.60ر.س39.525
Feb ’24ر.س35.88
ر.س36.19
+0.9%
9.9%ر.س40.00ر.س30.40ر.س36.205
Jan ’24ر.س35.24
ر.س36.58
+3.8%
10.7%ر.س40.00ر.س30.40ر.س36.324
Dec ’23ر.س40.24
ر.س36.00
-10.5%
13.6%ر.س40.00ر.س28.00ر.س30.604

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:44
End of Day Share Price 2024/12/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bank Albilad is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Nasser bin Mohammed Al HarthyBankMuscat SAOG